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SBI Announces Stake Sale in AMC; Delhivery Slumps on Q2 Loss; LIC Posts Strong Profit Growth
SBI Announces Stake Sale in AMC; Delhivery Slumps on Q2 Loss; LIC Posts Strong Profit Growth
Written by - Fisdom Research
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November 6, 2025
2 minutes
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Market Snapshot
The market failed to sustain its early gains and traded rangebound for most of the session.
In the final hour, selling pressure intensified, dragging the Nifty below the 25,500 mark before it closed near the day’s low.
Broad-based weakness was seen across sectors, with metal, power, realty, and media indices declining between 1.5% and 2.5%.
On the other hand, FMCG, auto, and IT managed to post marginal gains, providing some support to the broader market.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY IT
0.2
NIFTY PHARMA
-0.4
NIFTY AUTO
0.1
NIFTY HEALTHCARE INDEX
-0.5
NIFTY FMCG
-0.2
NIFTY PRIVATE BANK
-0.5
NIFTY OIL & GAS
-0.2
NIFTY PSU BANK
-0.6
Top News
SBI approved the divestment of a 6.3% stake in SBI Funds Management through an IPO, with FY25 income of ₹4,231 crore and reserves of ₹5,108.5 crore; shares traded slightly higher at ₹957.7.
Delhivery shares plunged 10% after posting a net loss of ₹50.4 crore in Q2 FY26, versus a profit last year, though revenue rose 17% YoY to ₹2,559.3 crore.
LIC reported a 32% YoY rise in Q2 FY26 net profit to ₹10,053 crore, with premium income up 5.5% and AUM at ₹57.23 lakh crore, though profit declined sequentially by 8%.
